Investment bank Barclays has been roped in as an advisor to find a buyer for the PE major’s 26 per cent stake
As part of the change, Nitin Singh, head of private bank, Asia, has decided to leave Barclays
Counterintuitively, this mindset, say the people behind the Barclays Private Clients Hurun India Most Valuable Family Businesses 2025 report, is not far removed from that of the previous generation.
The Barclays Private Clients Hurun India Most Valuable Family Businesses 2025 report shows that the top 10 families have a combined valuation of Rs 69 lakh crore, up from Rs 59.5 lakh crore last year.
Industrial products, automobiles, and chemicals together account for over Rs 31 lakh crore of cumulative value in the Barclays Private Clients Hurun India Most Valuable Family Businesses 2025 list. Automobiles top the chart on a per-company basis, with an average valuation of Rs 52,324 crore.
The firm, long known as a powerhouse in debt capital markets, has sought to deepen its footprint in equity financings and advisory.
In an interview of Moneycontrol, Hussain Selani offers insights into India’s evolving ultra-rich segment, investment trends, intergenerational planning and more. Read on
The capital infusion will strengthen regulatory capital, support expansion across investment banking and private banking businesses, the British bank said
On August 13, Bharti announced that it would acquire a 24.5% stake in BT for a sum of 3.2 billion pounds ($4 billion), from the British telco’s biggest shareholder Patrick Drahi’s Altice group.
Barclays joins other firms building out wealth management teams in the region, including UBS Group AG and Julius Baer Group Ltd. The London-based bank, which has been serving India’s rich since 2008, is leaning into that segment as wealth booms in the world’s most-populous country.
'Today is a very special day for me. Meri choti behen started her internship as a SDE @Barclays. I can't even put into words how proud and happy I am as her Bhaiya,' Ankit Singh wrote on X.
In his expanded role, Saigal will further strengthen the bank’s relationship with its top clients and will be responsible for driving further growth and synergies in our market leading M&A and Financing businesses, the bank said.
Barclays in a report has said that a bigger winning mandate for BJP would foster greater confidence in domestic and international investors and drive a ‘big uptick in capex cycle’.
According to the bank's economists, the faster-than-anticipated growth may lead to the Reserve Bank of India leaving the repo rate at 6.5 percent for even longer while it waits for inflation to come down to target.
There is a growing trend of risk-transfer deals mainly by European banks to shore up their balance sheets and capital ratios. Risk-transfer trades like Barclays’ involve selling the risk of losses on a portfolio of loans to an investor that is typically a credit specialist or hedge fund. The investor wants the nice yields available from credit cards or other loans without having to do the nitty gritty of managing customers
Barclays analysts led by Tim Long cut their rating on Apple to underweight and price target to $160 from $161, implying a 17% decline over the next year.
Managers at Barclays, led by Chief Executive CS Venkatakrishnan, are reviewing proposals to bolster its profitability. As part of these 1,500 to 2,000 jobs could be cut if implemented in full,
Barclays is attempting to reverse a judgment by an Indian court that concluded the British bank had retaliated against a whistleblower, according to legal documents.
Spending what is required to compete in payments will hold back profits today in exchange for a potentially bigger prize in future. Getting in a partner with deep pockets and tech knowhow could make the UK bank smarter and faster, but sacrifice a share of future earnings
Among Barclays’ global units, India ranked fourth by revenue last year, trailing only the UK, US and Ireland.
In a note on Wednesday, Barclays India economists led by its head Rahul Bajoria said that retail inflation was likely flat in June compared to 4.25 per cent in May, even though food prices have been trending higher amid broadly stable energy costs and steady core inflation.
Akshay Niranjan, a former Barclays Plc trader, testified against his friend Brijesh Goel at an insider-trading trial in New York on Wednesday.
“Retail inflation is just about near the RBI target of four percent while manufacturing is clearly showing an uptick as per the latest data. The Indian economy is on a steady move even in the midst of global challenges,” said ASSOCHAM Secretary General Deepak Sood.
Rahul Bajoria, MD & Head of EM Asia (ex-China) Economics, Barclays, speaking to Moneycontrol’s Vatsala Kamat, says the Indian economy’s growth is robust and will continue to be higher than most other economies, consumption growth is strong and the two arms of the K-shaped recovery are coming closer, with rural demand recovering. The risks stem primarily from El Nino and from too tight monetary policy in the developed economies. The RBI is done raising rates but will not cut rates anytime soon
On April 6, 2023, Moneycontrol had reported that Ashish Jhaveri, Head of M&A at Barclays Bank India was likely to join Jefferies as its new head of I-banking (India).